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Interagency Mortgage Servicing Guidance Issued

Jun
30

The Federal Reserve Board (Fed) joined together with the Consumer Financial Protection Bureau (CFPB), NCUA, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency to issue guidance relating to certain mortgage servicing practices.  Specifically, the guidance addresses risks related to military homeowners who have informed their loan servicer that they have received Permanent Change of Station (PCS) orders and who might seek assistance with their mortgage loans.

Posted By Sharon Bahr read more

Information from NCUA on Fair Lending Examinations

Jun
29

Recently, CUNA Regulatory Advocacy staff had an opportunity to talk with National Credit Union's (NCUA) Kent Buckham and Moisette Sweat, top personnel in the agency’s Office of Consumer Protection (OCP), about fair lending examinations. 

Questions/Answers on Fair Lending

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CUNA Comments to CFPB and OMB

Jun
27

The Credit Union National Association (CUNA) submitted a comment letter last week to the Consumer Financial (CFPB) and the Office of Management and Budget (OMB) on the CFPB’s plans to collect information on compliance costs and other effects of its potential new regulations, including those required under the D

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Texas Bank Plans to File Lawsuit - CFPB

Jun
26

A Texas community bank, The State National Bank of Big Spring, has announced it plans to file a lawsuit challenging the constitutionality of the Consumer Financial Protection Bureau (CFPB).  The Competitive Enterprise Institute and the 60 Plus Association are reportedly joining the bank as co-plaintiffs.  In its press release, the bank stated that the lawsuit was to be file

Posted By Sharon Bahr read more

No CUs in CFPB Consumer Complaint Database

Jun
25

​On June 12, the Credit Union National Association (​CUNA) was briefed by the Consumer Financial Protection Bureau (CFPB) staff at the agency’s headquarters in Washington regarding the Consumer Complaint Database on credit card issues, which became available to the public.  As of now, the database does no

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CUNA Advocacy Report: June 11

Jun
11

The latest CUNA Advocacy Report is now available and covers:

Posted By Sharon Bahr read more

CFPB Re-opening Comment Period on Proposed Ability to Repay Mortgage Rule

Jun
07

The CFPB is reopening the comment period for the proposed ability-to-repay rule which was issued by the Federal Reserve Board (FRB) on May 11, 2011.

Posted By abucaida@mcua.org read more

CUNA Advocacy Report: June 4

Jun
04

The latest CUNA Advocacy Report is now available and covers:

Posted By Sharon Bahr read more

CUNA Advocacy Report: May 21

May
21

 The latest CUNA Regulatory Advocacy Report is available and covers:

Posted By Sharon Bahr read more

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